Liberalizing crowdfunding in the United States[Initiative] by Damien Launoy


The author is a student in the Alternative Management third year specialization program, in HEC. He also holds a Master degree in finance. His experiences in investment banking and private equity, as well as in the economic services of a French Embassy in the USA lead him to adopt both a micro- and a macro-economic view on financing issues. Damien Launoy also co-funded the Fieldin company ( thanks to the HEC incubator.

In order to support the American economy, several new rules to liberalize crowdfunding in the United States were included in the JOBS Act of 2012 by the Congress. From now on, a start-up will be able to contact groups of small private investors to raise equity financing. This major evolution represents an economic and political change that we will analyze through the prism of the American society.

Quote article  Damien Launoy, « Liberalizing crowdfunding in the United States », 24 march 2013, Alternative Management Observatory (AMO), [Initiative]

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